According to the Textbook, Corporate Level Strategy Is Dealing with the Issue

question 12

Short Answer

According to the textbook, corporate level strategy is dealing with the issue of corporate configuration of firms.What are the two main components of corporate configuration?
A.Corporate composition and corporate management
B.Corporate scope and corporate distribution
C.Corporate mechanisms and corporate management
D.Corporate control and corporate coordination.

---

Definitions:

Resources Allocation

The process of distributing available resources among various competing needs and desires to achieve optimal efficiency.

Majority Voting

A process of making decisions where the choice that gets over fifty percent of the votes prevails.

Pizza Order

Consists of a request by a customer to purchase a specific type of pizza with chosen toppings, size, and quantity from a pizzeria or restaurant.

Paradox of Voting

The situation in which individual rationality (deciding not to vote because a single vote rarely decides an election) leads to a collective problem (poor electoral outcomes if many decide not to vote).